[Congressional Record Volume 159, Number 166 (Wednesday, November 20, 2013)]
[Senate]
[Pages S8357-S8358]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
LONG-TERM CARE NEEDS
Mr. NELSON. Mr. President, with the Thanksgiving holiday, November is
a time for many of us to enjoy time with our loved ones and reflect on
our futures together. With so many family gatherings, many retirement
experts also encourage us to use this time to talk with family about
our long-term needs.
In addition to thinking about financial needs for retirement, it is
important to also address our health as we age. According to the
Department of Health and Human Services, an individual turning 65 today
has almost a 70 percent chance of needing long-term care in the future,
and 1 in 5 will need long-term care for more than 5 years.
Conversations about long-term care and advance care planning can be
understandably difficult, but they are necessary to ensure our loved
ones receive the care they want if they are no longer able to speak for
themselves.
Thinking about long-term care means recognizing the invaluable--but
too often unrecognized--contributions made daily by family caregivers.
Over 65 million Americans provide $450 billion worth of unpaid care
every year, twice as much as homecare and nursing home services
combined, and these numbers are increasing. More than one-half of
family caregivers perform intensive activities such as bathing,
feeding, and medication management. However, these services often come
with a cost to the caregiver, such as financial burdens and a toll on
physical and mental health.
As the chairman of the Special Committee on Aging, I want to help
middle-class families struggling to provide necessary care for their
loved ones. This year, the committee has examined the importance of
advance care planning as well as why a majority of Americans have done
little to no planning for future long-term care needs. Next month, we
will continue this series of hearings by looking at expert
recommendations for reforming our long-term care system. Lastly,
Senator Baldwin and I penned a column in recognition of the critical
need to address the long-term care inadequacies in this country, and I
ask unanimous consent that a copy be printed in the Record following my
remarks.
[[Page S8358]]
I urge my colleagues to join me in this effort. As our Nation
continues to grow older, this problem will continue to grow worse, and
the current system must change to meet these needs.
There being no objection, the material was ordered to be printed in
the Record, as follows:
[From The Hill, Oct. 29, 2013]
Time Has Come To Address the Challenges of Long-term Care
(By Sens. Bill Nelson and Tammy Baldwin)
As Congress embarks on a new venture to create a bipartisan
budget that would strengthen the economic security of
families and reduce the deficit without shortchanging our
future, it's our hope that both parties will also work
together to find viable ways to help families pay for long-
term care.
With the aging of the baby boomers, our country finds
itself in the midst of one of the most dramatic demographic
shifts in our history. And, as the aging population grows, so
too will the long-term-care needs of many in our society.
Providing assistance to family members who can no longer
care for themselves can be taxing for all involved.
In fact, the Senate Special Committee on Aging held a
hearing last month to examine a myriad of challenges facing
seniors today, and found many were unprepared.
So, later this year, we're going to hold another hearing to
see what we can do to help. Some of the things we're going to
look at include the possibility of expanding Medicare to
cover long-term care, and other various ways to possibly make
private long-term care coverage more affordable for those who
need it.
Currently, about 12 million Americans have long-term-care
needs--a number that's rising rapidly. While most receive
care from family and friends, an increasing number depend on
costly in-home care or end up in assisted living facilities
or nursing homes, where the median annual costs range from
$40,000 to $80,000, respectively.
Most middle-class families in this country simply can't
afford the expense of providing long-term care for a loved
one. And there are few viable options available to help them
pay for the services they would need. Medicare and most
traditional health insurance plans don't cover long-term-care
expenses. And while private long-term-care insurance is
available, most people don't have it because they see long-
term care as something they'll never need.
In fact, according to a recent study from the SCAN
Foundation, most Americans have done little or nothing to
prepare for their future long-term-care needs. This is
despite research that shows that 70 percent of people 65 or
older will eventually need some form of assistance.
Clearly, our current system of providing long-term care is
unsustainable. And, that's why we shouldn't wait much longer
to address it.
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